Links for 11/3

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A company called ClipCard will let you search all your cloud-based stuff at once, even if it’s stored in several places.

An Easier Way to Find Your Stuff in the Cloud | MIT Technology Review

The Hövding is essentially a wearable airbag – it’s manufactured in collaboration with airbag manufacturer Alva Sweden – and comes with all the technological wizardry found in its car-bound relatives. The collar contains motion sensors that are tuned specifically to the changes in momentum typical of a bike accident.

BBC - Autos - For cyclists, the best helmet may be no helmet at all

Britain has been told to pay an extra €2.1 billion to the EU budget within weeks on account of its relative prosperity, a hefty surcharge that will further add to David Cameron's domestic woes over Europe. To compensate for its economy performing better than other EU countries since 1995, the UK will have to make a top-up payment on December 1 representing almost a fifth of the country's net contribution last year. France, meanwhile, will receive a €1 billion rebate, according to Brussels calculations seen by the Financial Times.

EU tells Britain to pay extra €2.1bn

Ben Broadbent, the U.K. central bank’s deputy governor for monetary policy, said in a speech to the Society of Business Economists in London that the actions of central banks aren’t sufficient to explain the low level of interest rates across much of the developed world and nor are they sufficient to explain the behavior of prices for assets including stocks and bonds.

Don’t Blame Central Banks for Wealth Gap - Real Time Economics - WSJ

Neuroscientists estimate that the human brain can remember up to 10,000 faces. In experiments, 35 years after leaving school, people are able to identify up to 90% of their classmates.

It’s not unreasonable to ask where the real Renée Zellweger has gone | Viv Groskop | Comment is free | The Guardian

And while 6.7 million borrowers in repayment mode are delinquent, the sad fact is that many lenders aren't exactly incentivized to work with borrowers. Unlike all other forms of debt, student loans can't be discharged in bankruptcy. Moreover, lenders can garnish wages and even Social Security benefits to get repaid.

Why student loan debt threatens our economy

Bernanke told attendees that he believed central banks around the world had the power to fight our current No. 1 economic fear —  deflation.

Ben Bernanke Gave A Private Speech To High-Powered Investors In Tokyo, Here's What He Said - Yahoo Finance

A Florida startup called Magic Leap announced Tuesday that it had received $542 million in funding from major Silicon Valley investors led by Google to develop hardware for a new kind of augmented reality hardware. The secretive startup has yet to publicly describe or demonstrate its technology, and declined an interview request.

Augmented Reality Startup Magic Leap, Funded by Google, is Working on Super-Real 3-D “Light Field” Display | MIT Technology Review

Imergy Power has a new generation of vanadium flow batteries that dramatically lowers the cost and increases the performance and flexibility of energy storage systems for utilities, renewable energy projects, microgrids, and commercial and industrial customers.

Vanadium Flow Battery Fix the Grid for High Levels of Solar Power

According to a new study from the National Institutes of Health, a diet that reduces carbohydrates in favor of fat – including the saturated fat in meat and butter – improves nearly every health measurement, from reducing our waistlines to keeping our arteries clear, more than the low-fat diets that have been recommended for generations.

Experts: Eat More Fat - Business Insider

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Some believe the end of QE will reveal which of those asset classes have been lifted by their own fundamental strength, and which of them have merely been floating on the tide of US dollar liquidity.

Fed’s grand experiment draws to a close - FT.com

San Francisco Fed President John Williams, who also supports ending QE, said in a presentation in Washington earlier this year that research shows purchases have “sizable effects” on lowering bond yields, though uncertainty remains about the magnitude of these effects and their impact on the overall economy. He cited several research papers showing QE2 lowered yields on the 10-year Treasury note by around 15 to 25 basis points.

Fed’s $4 Trillion Holdings to Boost Growth Beyond End of QE - Bloomberg

I must confess that I did not think that that was the case; I believed that quantitative easing by the Fed could indeed produce inflation. And that’s why I was in favor of quantitative easing. I was hoping for a repeat of what I have called the short but sweat recovery of 1933, when, in the depths of the Great Depression, almost immediately following the worst financial crisis in American history capped by a one-week bank holiday announced by FDR upon being inaugurated President in March 1933, the US economy, propelled by a 14% rise in wholesale prices in the aftermath of FDR’s suspension of the gold standard and 40% devaluation of the dollar, began the fastest expansion it ever had, industrial production leaping by 70% from April to July, and the Dow Jones average more than doubling.

Just How Infamous Was that Infamous Open Letter to Bernanke? | Uneasy Money

At 13-years-old, George was about 6ft 2in, 200lb and the terrorist in the neighbourhood. And when you're bigger and stronger and think you're better than everyone else, you take things. He might take your bicycle, not because he liked riding but because he could; he might take your cigarettes; the only reason he wouldn't take your clothes was because he was so big. He carried that fierceness all the way to the ring. He always said he wanted to kill somebody in the ring. And I believed him.

BBC Sport - The Rumble in the Jungle 40 years on, by those who witnessed it

An essential and enduring insight of Keynes is that what works for a single family in hard times will not work for the global economy. One family whose breadwinner loses a job can and should cut back on spending to make ends meet. But everyone can’t do it at once when there’s generalized weakness because one person’s spending is another’s income.

Why John Maynard Keynes's Theories Can Fix the World Economy - Businessweek

China's shadow banking sector continued to grow at breakneck speed in 2013 and now ranks as the third largest in the world, a report released by the Financial Stability Board showed on Thursday.

China's shadow banking sector growing rapidly, third largest in world

Emerging markets face four key headwinds to regaining momentum, Barclays said.

Cheaper EMs may not be a bargain

Anti-Americanism is now a pillar of the Kremlin's ideology. In 2007 Mr Putin's Munich speech was a complement to Russia's strong growth. His latest effort is a substitute for it.

Putin's Latest Anti-American Rant - Business Insider